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  #1  
1st March 2016, 01:56 PM
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Can I get an Education Loan to study M.Tech without mortgaging?


Respected Sir,
I have completed my MCA and working in TCS. I am earning Rs. 25K per month. But now I want to study M.Tech but I am not financially strong. So I want to apply an education loan for study M.Tech. I have all the academic documents with me but I don’t have anything to mortgage. So, I can get an education loan?




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  #2  
8th April 2016, 09:09 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Can I get an Education Loan to study M.Tech without mortgaging?

Yes, you can get education loan even though you do not have anything to mortgage. You can opt for eduction loan to meet the expense of your M.Tech course. You can get education loan upto 7.5 lakhs for your M.Tech course without any mortgage. This is because the highest permissible loan amount without any mortgage is 7.5 lakhs, above this the bank will ask for mortgage.
Do you have any question? or have anything to say?



« Rate of Interest scheme against Bank Education Loan to study BDS? Process of recovery? | Possibility to apply for an Education Loan from 2 different banks for Abroad studies? »

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